Today, consumers are switching from traditional payment methods, such as cash, cheque and cards to digital payment. The global pandemic has fuelled this unprecedented shift in consumer’s behaviour.
With this shift in the payment options and the rise of online sales, business owners are forced to respond to this change by increasing their digital payment capabilities. But you might be wondering what are the current digital payment trends? More importantly, how safe is it to conduct transactions digitally? In this article, we will share an overview of the digital payment trends and address some of the security concerns around this payment option.
By the way, if you’re an e-commerce business, don’t you think it’s time to switch to an accountant who really understands how accounting for e-commerce works? If you’re thinking of digitising your processes, Osome’s accounting services help you shift away from paperwork bookkeeping.
